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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cybit Hldgs | LSE:CYH | London | Ordinary Share | GB00B04QS651 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 73.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
CybIT Holdings PLC 27 February 2007 27 February 2007 Cybit Holdings plc Aberdeen City Council signs #221,000 order for Cybit's internet-based telematics solution Cybit (AIM: CYH), the UK's leading provider of internet-based telematics, has strengthened its presence in the public sector with a #221,000 contract to supply Aberdeen City Council with a Fleetstar-Online solution to manage more than 90 specialist vehicles. The contract, won after a competitive tender, follows a successful six-month trial with Fleetstar Online which identified that annual savings of more than #5,000 per vehicle could be achieved with a full implementation. Aberdeen City Council will deploy Fleetstar-Online to manage 92 vehicles in its Refuse Department, including general refuse trucks, recycling vehicles, street cleaners and road sweepers. If annualised savings of #5,000 per vehicle are achieved, the deployment could pay for itself in less than six months. Fleetstar-Online is Cybit's scalable Internet-based telematics solution that features real-time vehicle tracking, exception reporting, replay mode, customised reports, mileage information, SMS messaging and live traffic information. Fleet vehicles are fitted with a small electronic in-vehicle-unit (IVU) which is tracked by GPS in real-time and then transmits data to Cybit's online control centre. It provides companies with a cost-effective internet-based fleet management solution, which offers users anytime, anywhere access to the system via a standard web browser. The Council has opted for an extensive solution including GPS/GPRS vehicle tracking to ensure that vehicles are used at maximum efficiency, thus reducing fuel costs and unnecessary driver overtime. Mark Ansell, Business Analyst at Aberdeen City Council says: "We are in the middle of a long-term project to enhance refuse collection and recycling in the city, and the over-arching goal is to provide an improved service to the citizens of Aberdeen. Cybit helps us to do that through its Fleetstar-Online solution, as it addresses the specific needs of our operation and makes every vehicle more productive and efficient." Cybit is increasingly addressing the needs of specialist vehicles in the public sector, including refuse collection, road gritting and gulley emptying. With enhanced development capabilities, Cybit can design bespoke solutions that demonstrate evidence of activity in each of the above sectors. A standard vehicle tracking device is fitted to a vehicle and linked to specialised equipment via a manufacturers interface e.g. a gritter control unit indicating gritter activity. Enquiries: Cybit Tel: 01480 389100 Richard Horsman, Chief Executive Officer College Hill Tel: 020 7457 2020 Carl Franklin Notes to Editors: Cybit Cybit is a global force in Telematics, operating within three core sectors: Internet-based vehicle Telematics solutions; Economic Exclusion Zone (EEZ) Management; and Private Mobile Radio (PMR) based asset tracking and precise positioning solutions. In the vehicle Telematics sector, Cybit is one of Europe's leading Telematics Service Providers (TSPs). More than 1,500 business to business clients use our fleet and asset management solutions to manage in the region of 35,000 assets. Solutions include in-vehicle technologies, work flow management and internet-based monitoring and reporting software. The company also provides consulting services to advise on legal issues such as duty of care and working hours. Cybit is also a global leader in the field of EEZ fisheries management, tracking many thousands of fishing vessels on a daily basis. The company provides vessel monitoring and catch management solutions for many of the world's major fishing nations. As well as the UK and Irish Governments, Cybit helps to manage valuable fishing stocks for emerging nations such as Ghana, Namibia and Mozambique. Cybit's newly-acquired PMR business provides asset-tracking solutions for both maritime and land-based applications including exploration and mining. Our precise positioning solutions assist in the location and exploitation of oil, gas and mineral reserves around the globe. This information is provided by RNS The company news service from the London Stock Exchange END NRAEAXAKADKXEFE
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